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Community Resources For Justice Closes $1M Loan With RBS Citizens

Jul 2, 2013 | Reprints | Unlock Link | Print

RBS Citizens has closed a $1 million term loan with Boston-based Community Resources for Justice (CRJ).

The social service agency will use the funding to refinance an existing mortgage with RBS Citizens and to fund CRJ’s recent purchases of group homes in Marlborough and Fitchburg. Remaining funds will be available for potential purchases of group homes in the future.

"With the successful completion of this financing and the many financial services provided by RBS Citizens, we are positioned to provide our current and future clients with the support and tools they need to lead responsible, productive and dignified lives," John Larivee, CEO of CRJ, said in a statement.

Banking & Lending